by AIP Online Bureau | Feb 22, 2018 | International News, Reinsurance
Paris: The net profit of French reinsurer SCOR at EUR 286 million in 2017 fell almost by 50 per cent from € 603 million in 2016 due to the cost of the nat cat events which occurred in the third and fourth quarters. The reinsurer's gross written...
by AIP Online Bureau | Feb 22, 2018 | Articles
The annual cost of cybercrime has hit $600 billion worldwide, fueled by growing sophistication of hackers and proliferation of criminal marketplaces and cryptocurrencies, researchers said Wednesday. A report by the security firm McAfee with the Center for...
by AIP Online Bureau | Feb 21, 2018 | Indian News
NEW DELHI: Cyber attacks in the country caused financial damages to the tune of about USD 500,000 to India companies in the last 12-18 months, says a study. "…more than half of all attacks resulted in financial damages of more than USD 500,000,...
by AIP Online Bureau | Feb 21, 2018 | Indian News, Pension & Social Security
New Delhi: Retirement fund body EPFO today lowered the rate of interest on employees provident fund to 8.55 per cent for its over 6-crore subscribers for 2017-18, from 8.65 per cent in the previous fiscal. "It is difficult to evaluate about future in view...
by AIP Online Bureau | Feb 21, 2018 | Health, Indian News
New Delhi: Government's premium on insurance cover of Rs. 5 lakh for every eligible household under the new National Health Protection Scheme (NHPS) would be around Rs. 900-1000 per family annually, lower than the earlier estimate of Rs. 1000-1,200, a senior NITI...